The Ceres Sustainability Promotion Committee meets once a year in principle with the
President and Representative Director acting as chairperson. Each year they deliberate on the identification, evaluation
and management of risks and opportunities associated with sustainability, including climate change,
as a whole. The Committee chairperson reports the details of this meeting to the Board of Directors.
When
making decisions on all business activities (strategies, budgets, business plans, investments,
etc.), we ensure the consistency of acknowledged risks and opportunities and the identified
materiality before our decisions are implemented.
Risk/Opportunity Classification |
Risk/Opportunity |
Expected Impact and Targeted Area |
Impact on our Business |
|||
---|---|---|---|---|---|---|
Less than 2°C |
4℃ |
|||||
Risk |
Transition risk |
Policy and regulatory risks |
Short to medium term |
[Company-wide] |
Medium |
Low |
Market risk |
Medium to long term |
[D2C] |
Medium |
Low |
||
Reputational risk |
Medium to long term |
[Company-wide] |
High |
Low |
||
Material risk |
Acute event risk |
Short to long term |
[Company-wide] |
Low |
High |
|
Opportunities |
Resource efficiency |
Medium to long term |
[Company-wide] |
Medium |
Low |
|
Energy source |
Medium to long term |
[Company-wide] · Energy supply costs are reduced as renewable energy power generation and other technologies become widely adopted. · Energy can be steadily procured by distributing energy sources. |
Medium |
Low |
||
Products and services |
Short to medium term |
[Points] · Increased advertising for products and services with low environmental impact · Improvement of the popularity of our point media, "Moppy" due to increased donations to environmental organizations [D2C] · Increased preference for products such as cosmetics and health foods manufactured, sourced, and packaged with low environmental impact [Blockchain] · Increased preference for cryptocurrency staking services with comparatively low power consumption |
High |
Low |
||
Market |
Short to long term |
[Company-wide] |
High |
Low |
||
Resilience |
Medium to long term |
[Company-wide] |
Medium |
High |
Referenced Scenario
RCP2.6 (IPCC) and SDS (IEA) are
used for the below 2°C scenario, and RCP8.5 (IPCC) and steps (IEA) are used for the below 4°C
scenario. The risks and opportunities are identified and their impact levels are analyzed based on
their respective assumed influences on society.
The time periods for the realization of risks and opportunities are defined as follows
Short-term:By the year 2026, which corresponds to our Medium-Term Management Plan period.
Medium-term:By the year 2030, which is the deadline for Japan to reduce greenhouse gas emissions by 46% from 2013 levels.
Long-term:By the year 2050, which is Japan's stated goal of achieving net-zero greenhouse gas emissions.
Ceres believes that risks and opportunities should be identified and evaluated from
multiple perspectives rather than limited to particular areas.
Due to this belief, we identify
and evaluate risks and opportunities along with those related to climate change in a comprehensive
way with those related to overall sustainability in order to determine our priorities.
The
identified risks and opportunities are shared with the Risk Management Committee and are assessed in
a comprehensive manner with other risks and opportunities.
Ceres is a member of the Japan Climate Leaders' Partnership (JCLP) and has shown its desire and drive to convert its electricity usage to 100% renewable energy. We have also participated in the Renewable Energy Pledge 100 RE Action campaign. Starting in fiscal year 2021, we began work on reducing our CO2 emissions by 100% by switching the power used for our offices and web servers such as our Moppy point site to electricity 100% sourced from renewable energy resources.
Ceres uses the GHG (Greenhouse Gas) protocol to measure and catalog our Scope 1, Scope 2 and Scope3 emissions.
We have achieved zero emissions for Scope 1 and Scope 2 emissions since fiscal year 2021.
In addition, we began measuring Scope 3 emissions in fiscal year 2023 and will continue to do so in the future.
We have not set any targets at this time, but will continue to consider them while keeping an eye on future trends.